By oversight, this month we have paid an exess amount of PF amount of both employee and employer contribution to the PF department. Can anyone suggest me the process with the PF department to get back the excess amount paid.
Thanks
Geetanjali
From India, Hyderabad
1Thanks
Geetanjali
From India, Hyderabad
What are the steps taken by the Provident Fund Authority for determining the money due from the employer incase of default?...Plzzz help me with this ans...:confused:
From India, Calcutta
From India, Calcutta
Dear Geetanjali,
If you have submitted excess PF contribution for just one month then you can submit revised Challan immediately alongwith revised Monthly Return. Also send a letter to RPF for adjusting the balance amount in future contributions. If this option does not work then another option is to correct this mistake at the time of submitting Annual Return.
I am sharing my views based on my recent similar problem and advise I got from Consultant and PF Enforcement Officer.
Regards,
N.S.
From Singapore, Singapore
If you have submitted excess PF contribution for just one month then you can submit revised Challan immediately alongwith revised Monthly Return. Also send a letter to RPF for adjusting the balance amount in future contributions. If this option does not work then another option is to correct this mistake at the time of submitting Annual Return.
I am sharing my views based on my recent similar problem and advise I got from Consultant and PF Enforcement Officer.
Regards,
N.S.
From Singapore, Singapore
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EPFO circular regarding TDS on Payment of Provident Fund.pdf
Due Date for payment of Employee Provident Fund.docx
Provident fund.zip